Disinvestment in coal assets by two major firms this week was not a threat to power generation in South Africa and coal would be in the mix for the foreseeable future, analysts said last week. Picture: Henk Kruger/ANA/African News Agency
SA power generation safe despite transition to green tech â analysts
By Siphelele Dludla
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JOHANNESBURG - DISINVESTMENT in coal assets by two major firms this week was not a threat to power generation in South Africa and coal would be in the mix for the foreseeable future, analysts said last week.
They said the the move away from thermal coal was simply a climate change-forced decision and a gradual transition which recognised the countryâs decarbonisation commitments as per Paris Accord. The country was crafting a pathway to a transition to renewable energy by 2030.
Exxaro Resources, Eskom's biggest coal supplier, has become the latest company to offload thermal coal assets as pressure mounts for mining houses to reduce exposure to fossil fuels amid climate change concerns.
A man who police claim is a high-ranking member of the Game Tight Soldiers street gang was denied bail Friday in Prince George provincial court.
Eric Fike, 30, has been in custody since his arrest in September 2010 on a host of gun and drug offences.
Judge Michael Brecknell ordered Fike remain behind bars while awaiting trial on 14 charges, ranging from possession of drugs for the purpose of trafficking to possessing a firearm with an altered serial number.
A routine publication ban covers all submissions heard at the bail hearing and the judge’s reasons for his decision.
However, Prince George RCMP issued a release shortly after Fike’s arrest that said he was picked up while retrieving a bag alleged to contain cocaine and guns in a wooded area near the Lower Mud River Bridge. Mounties suqsequently executed a search warrant at a home on Gauthier Road where they allegedly turned up more cocaine, plus heroin, marijuana and drug-trafficking equipment, the release stated.
By Jon Duncan
Centerpoint Church
Join us online for Centerpoint Church’s Christmas Eve Service, available Thursday, Dec. 24, at www.centerpointpagosa.com.
“And in the same region there were shepherds out in the field, keeping watch over their flock by night. And an angel of the Lord appeared to them, and the glory of the Lord shone around them, and they were filled with great fear. And the angel said to them, ‘Fear not, for behold, I bring you good news of great joy that will be for all the people. For unto you is born this day in the city of David a Savior, who is Christ the Lord. And this will be a sign for you: you will find a baby wrapped in swaddling cloths and lying in a manger.’ And suddenly there was with the angel a multitude of the heavenly host praising God and saying, ‘Glory to God in the highest, and on earth peace among those with whom he is pleased.’ When the angels went away from them into heaven, the shepherds said to one another, ‘Let us go over to